Examples of Controlling Note in a sentence

The Controlling Note Holder shall be solely responsible for any expenses incurred in connection with any such replacement without cause.
No such Controlling Note Holder Representative shall owe any fiduciary duty or other duty to any other Person (other than the Controlling Note Holder).
All actions that are permitted to be taken by the Controlling Note Holder under this Agreement may be taken by the Controlling Note Holder Representative acting on behalf of the Controlling Note Holder.
When exercising its various rights under Section 5 and elsewhere in this Agreement, the Controlling Note Holder may, at its option, in each case, act through the Controlling Note Holder Representative.
The Controlling Note Holder shall notify the other parties hereto of its termination of the then currently serving Special Servicer and its appointment of a replacement Special Servicer in accordance with this Section 7.

More Definitions of Controlling Note

Controlling Note means so long as any of the Class A Notes are Outstanding, the Class A Notes (voting together as a single class), if the Class A Notes have been paid in full, the Class B Notes and if the Class B Notes have been paid in full, the Class C Notes.

Controlling Note means Note A-1; provided that if and for so long as the Note A-1 Holder is a Borrower Party, then the Controlling Note shall be the Note with the largest Note Principal Balance with respect to which the related Note Holder is not a Borrower Party.

Controlling Note means Note A-6.

Controlling Note means Note A-2-I.

Controlling Note means as of any date of determination:

Controlling Note means Note A-2; provided however, that after the Securitization of Note A-2, in the event the aggregate principal balance of the Notes included in any single other Securitization is greater than the aggregate principal balance of the Notes included in the Note A-2 Securitization, then on and after the Securitization of such other Note(s), the Controlling Note shall be the Note with the largest principal balance included in such other Securitization.

Controlling Note means Senior Note A-1-S.